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The Self-serving Bias and Beliefs about Rationality

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Author Info
Todd R. Kaplan
Bradley J. Ruffle

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Abstract

Most previous experiments attempting to establish the existence of the self-serving bias have confounded it with strategic behavior. We design an experiment that controls for strategic behavior (Haman effects) and isolates the bias itself. The self-serving bias that we measure concerns beliefs about the rationality of others. We find very limited support for the existence of the bias. To help understand why the bias seems to hold in some settings but not in others, we discuss a distinction between biases that are self-serving and those that are actually self-defeating. (JEL C92) Copyright 2004, Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/ei/cbh057
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Publisher Info
Article provided by Oxford University Press in its journal Economic Inquiry.

Volume (Year): 42 (2004)
Issue (Month): 2 (April)
Pages: 237-246
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Handle: RePEc:oup:ecinqu:v:42:y:2004:i:2:p:237-246

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Find related papers by JEL classification:
C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior

Cited by:
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  1. Muren, Astri, 2004. "Unrealistic Optimism about Exogenous Events: An Experimental Test," Research Papers in Economics 2004:1, Stockholm University, Department of Economics. [Downloadable!]
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This page was last updated on 2009-11-19.


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